Analysts see much higher 2008 loss for Merrill (Reuters)

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July 18th, 2008, 01:02 PM

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Analysts see much higher 2008 loss for Merrill (Reuters)

Reuters - Wall Street analysts widened their
2008 loss estimates for Merrill Lynch & Co on Friday, a
day after the investment bank posted a quarterly loss much
bigger than market expectations and unveiled plans to sell
assets to shore up capital.

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